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Iota news chrysalis8/8/2023 The migration process to Chrysalis phase 2 consists of two phases: What follows is an explanation of that migration process. This means that everyone will need to migrate their tokens from the current network to the new one. The new network will support many new use cases and create a foundation for IOTA’s upcoming Coordicide. With Chrysalis we make a clear cut from the current IOTA protocol, and start anew with a much better, and more mature network. This post will provide you with additional information surrounding the upgrade process. It is however recommended that exchanges migrate ahead of the network launch to avoid any interruptions to their service.Recently, we shared more information on Chrysalis, the largest upgrade in the IOTA network’s history. Ultimately there is no practical difference between these two options and you can choose to migrate when you want. Token holders and service providers can migrate their tokens during the migration phase or after the launch of Chrysalis. There will be a one-week, token migration phase that takes place before that, from April 21st to April 28th. The launch of Chrysalis will take place on Wednesday, April 28th. – Dominik Schiener, Co-Founder and Chairman of the IOTA Foundation Our engineers have worked diligently to build the foundation for Coordicide and beyond.” “We now have an enterprise-ready platform that will please both industry and consumer users with its enhanced functionally, industry-standard upgrades, and energy efficiencies.
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